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Long-term prices in New Zealand’s Emissions Trading Scheme (ETS) could sit at just NZ$50 ($30.35) as the government intends to pursue a least-cost pathway to achieving its climate goals, it said in the draft second Emissions Reduction Plan (ERP) published on Wednesday.

California Carbon Allowances (CCAs) have traded lower for six straight sessions after the release of ARB’s cap-and-trade informal rulemaking workshop slidedeck showing a delay in implementation of proposed changes pushed to 2026 that surprised market participants.

The lack of regulations within the carbon offset market could potentially lead to increased corruption and consequently undermine climate efforts in the coming years, the United Nations Environment Programme (UNEP) warned this week.

Ecuador has long abstained from the voluntary carbon market (VCM), but now, pending legislative buy-in, it could boost benefits to communities over traditional results-based REDD payments, the country’s carbon association president said Tuesday.

Researchers say rattlesnakes have an undeservedly maligned reputation but are social creatures who make good mothers

A “mega den” with as many as 2,000 rattlesnakes isn’t top binge-watching for many people. But a round-the-clock webcam in Colorado is providing a viewing bonanza for scientists and other snake enthusiasts whose observations are helping to broaden understanding of these unusual – and undeservedly maligned – reptiles.

The remote site on private land in northern Colorado is on a hillside full of rock crevices where the snakes can keep warm and hide from predators.

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The UK government is leading a public-private initiative to launch a carbon market in Azerbaijan, where this year’s annual UN climate summit will be held.

Chris Bowen hints at increasing the size of some of the auctions for wind and solar capacity because of the huge response to the initial tenders.

The post Bowen hints at even larger auctions after huge response to Australia’s biggest wind and solar tender appeared first on RenewEconomy.

Fears about the two species coming into contact are growing as Arctic sea ice melts.

A Canadian non-partisan think tank on Tuesday identified trade-offs and policy options for lawmakers in their quest to decarbonise low-emission energy technology supply chains, while supporting national security and compliance with global trade rules.

Investor-owned utility PacifiCorp lost its lawsuit against the Washington Department of Ecology (ECY) after a US federal district judge dismissed the gas-fired power producer’s claims of discrimination under the state’s cap-and-trade programme, according to court documents filed Monday.

The US Environmental Protection Agency (EPA) on Tuesday announced nearly $160 million in grants for 38 projects that support efforts to report and reduce climate pollution resulting from the production of construction materials.

Billions have been spent making the Seine swimmable for the first time in a century. It might not be enough. Ian A. Wright, Associate Professor in Environmental Science, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

The European Union is unlikely to meet its 2030 goal for domestic production and import of renewable hydrogen, according to the European Court of Auditors (ECA), who are calling for “a reality check” on targets they describe as “overly ambitious”.

Bowen says suggesting Australia take up nuclear is like suggesting to the Swiss they should take up surfing.

The post Bowen says asking Australia to go nuclear is like asking the Swiss to take up surfing appeared first on RenewEconomy.

We all know the Barrier Reef – but Australia also has three other World Heritage reefs, Ningaloo and Shark Bay in Western Australia and Lord Howe Island off the New South Wales coast. Kate Marie Quigley, DECRA Research Fellow in molecular ecology, James Cook University Andrew Hamilton Baird, Professorial fellow in coral reef ecology, James Cook University Licensed as Creative Commons – attribution, no derivatives.

Puerto Rico filed a lawsuit Monday against multiple international oil majors seeking $1 billion in damages for the effects of greenhouse gas emissions from their products, joining a litany of similar lawsuits seeking to hold fossil fuel firms financially accountable for the impacts of climate change.

This year has seen interest in durable carbon removal (CDR) credits soar, with more private sales recorded between January and June than there were across the entirety of 2023, according to a new report.

Voluntary carbon project developers Wildlife Works and their brokerage arm Everland have presented a risk-based approach to setting deforestation baselines for ‘nested’ REDD schemes, which they say gives governments the option to allocate areas under higher risk of deforestation to meet jurisdictional climate goals.

The amended Climate Protection Act that was signed into law in Germany on Monday puts pressure on the government to define guidelines for the introduction of the EU's Emissions Trading Scheme for road transport and heating fuels (ETS2), according to the country's gas industry association.

EU ETS-covered emissions in Germany fell around 18% in 2023 compared to the previous year, the largest decline ever since the EU ETS was established in 2005, according to data published by the German Emissions Trading Authority (DEHSt) on Tuesday.